Americas Oil Company News

US refiner Marathon Petroleum saw refining earnings spike to $7.8 billion in the second quarter, more than ten...

The world's largest oil and gas companies reported record Q2 profits this week, with some ramping...

Profits at oil trader Gunvor soared in the first half of the year as the company took advantage of energy market...

Cheniere Energy, the largest US exporter of liquefied natural gas (LNG), has signed a deal with PetroChina that lays that the groundwork for...

Shell is exploring a sale of its stakes in two Gulf of Mexico oil and gas developments which could fetch as much as $1.5 billion for the energy major...

European aircraft producer Airbus has said it wants to invest in direct air capture and carbon removal credits in a...

Canada's government has laid out ambitious plans on Monday that could see an emissions cap on the oil and...

Ceres and the Clean Air Task Force (CATF) have published their latest bottom-up methane benchmarking tool...

US energy major Chevron is hoping to expand its exploration and production work in Venezuela after the US in May extended a waiver on sanctions...

Canada said it will allow the export of a gas turbine, which Russia claims is vital piece of equipment for the main Russian gas pipeline to Germany...

Shell has walked back as much as $4.5 billion of writedowns on its assets it took because of the war in...

A lack of investment in refining capacity in recent years has distorted global refined product prices and boosted...

Venezuela's state-owned oil producer PDVSA has suspended gasoline production at the Cardon...

Mexican oil product imports hit their highest level since early 2020 this May as post-Covid demand...

The meeting between oil industry executives Energy Secretary Jennifer Granholm to discuss gasoline prices and boost domestic oil supplies was...

High global energy prices and a drive to bolster energy security to keep inflation in check will boost...

ConocoPhillips was confirmed Monday as one of the Wester energy firms in taking a stake in a $29 billion project to boost Qatar's exports of LNG...

Saudi Aramco is planning to merge its two key energy trading units, according to a Reuters report, with Aramco Trading Co (ATC) due to absorb...

Trader Trafigura posted a record-breaking set of half year results, with profits at the staff-owned firm hitting...

A senior White House official has strongly criticized 'Big Oil' for raking in huge profits in the wake of Russia's invasion of Ukraine...